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Dec 31, 2013
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. >> the debt ceiling -- >> it's already accumulated. >> at what point do you say stop spending? i agree, as a country, we pay our bills. but at what point do we say stop? >> we don't just always get a new credit card. >> that type of thinking could be so destructive to our economic progress that we are making. >> robert, let me ask you a question, is $17 trillion enough? is $25 trillion enough? >> which for you, to get new talking points. those talking points are about four years old. >> it's pointing to the economy. i am asking a simple question. what is the limit for you for the debt ceiling? 20 trillion? >> the question is, is our debt coming down? may i finish my point? >> absolutely. >> the only way to bring it down is by growing the economy. that's the test of the economic progress and that's what we are seeing in the administration, and that's what we are seeing in the down tree, and the idea of jeopardizing the recovery by defaulting on the debt which, many of the leading republicans and senate are advocating, and it's so irresponsible, and the country will reject it lik
. >> the debt ceiling -- >> it's already accumulated. >> at what point do you say stop spending? i agree, as a country, we pay our bills. but at what point do we say stop? >> we don't just always get a new credit card. >> that type of thinking could be so destructive to our economic progress that we are making. >> robert, let me ask you a question, is $17 trillion enough? is $25 trillion enough? >> which for you, to get new talking points. those talking...
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Dec 29, 2013
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that most likely probably will be the fiscal cliff -- i'm sorry, the debt ceiling and the fiscal crisis. >> it's coming up mid-february. juana, we have a "new york times" report that says al qaeda is not linked to the 2012 benghazi attack that killed four americans. the gop tried to turn this into a scandal and blame the president. where are we now on this issue? >> i expect to see republicans continue to hammer the administration over benghazi. just today on the sunday shows, you heard darryl issa, who's been one of the republicans leading that charge, as well as mark rodgers, one of the leading intelligence committee members, say that, you know, they stand by their criticism that this is still a huge issue for the administration. so i would expect in 2014 we're going to hear a lot more about this, a lot more ramping up, still talking about those talking points that susan rice delivered on many television networks. that's not going anywhere. >> jason, so these two issues are on the table. give me your sense of both. >> the only importance on benghazi is if you think it's a silver bulle
that most likely probably will be the fiscal cliff -- i'm sorry, the debt ceiling and the fiscal crisis. >> it's coming up mid-february. juana, we have a "new york times" report that says al qaeda is not linked to the 2012 benghazi attack that killed four americans. the gop tried to turn this into a scandal and blame the president. where are we now on this issue? >> i expect to see republicans continue to hammer the administration over benghazi. just today on the sunday...
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Dec 26, 2013
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ceiling standoff that takes place in congress, and i think many republicans, particularly in the house and senate that are up for election will be looking over their shoulder in terms of how they should vote because the conservatives, as she puts it, will be looking for them not to advance the debt ceiling debate, and i think what we are going to see is a longer, protracted fight within the gop. oft: here is the front page "the wall street journal" this morning. inen's my head just exploded washington state. [laughter] guest: that is a great point because i wrote an article right after the shutdown ended saying there are consequences and it only exposes a rift between the part -- within the party. you saw largely conservative organizations like the u.s. chamber of commerce actually begin to enter into this fray, and there standing with establishment candidates in states like michigan and idaho against many of these tea party weivists who are now saying want our party back, we want to take our country back, and for the first time we are beginning theee, i guess, establishment fight back
ceiling standoff that takes place in congress, and i think many republicans, particularly in the house and senate that are up for election will be looking over their shoulder in terms of how they should vote because the conservatives, as she puts it, will be looking for them not to advance the debt ceiling debate, and i think what we are going to see is a longer, protracted fight within the gop. oft: here is the front page "the wall street journal" this morning. inen's my head just...
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Dec 24, 2013
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also very important to add to your list of those three bullet points you had, raise the debt ceiling. that's critical. that's got to get done. >> is that going to be another knockdown, dragout fight? you already have some saber-rattling on both sides. the president saying he's not going to negotiate. then you have republicans, mitch mcconnell, house speaker john boehner saying they want to extract something. what do you expect? >> right. so this is where i believe we very quickly began to move away from kumbaya a couple weeks ago the very week that they negotiated on that little budget deal on sunday, paul ryan went on the sunday talk shows and said we're going to have to extract a lot if we're going to raise the debt ceiling. right back into it. look, you covered the government shutdown. you know as well as anyone what damage that did to conservatives or the republican brand. hard to imagine they'd get back into that with a big debt ceiling fight. on the other hand, you did have the saber-rattling so we'll have to see. >> jared, let's just talk about unemployment insurance benefits,
also very important to add to your list of those three bullet points you had, raise the debt ceiling. that's critical. that's got to get done. >> is that going to be another knockdown, dragout fight? you already have some saber-rattling on both sides. the president saying he's not going to negotiate. then you have republicans, mitch mcconnell, house speaker john boehner saying they want to extract something. what do you expect? >> right. so this is where i believe we very quickly...
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Dec 21, 2013
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you ra iz the debt ceiling no, strings attached, that sort of thing. what is it going to take to reestablish that? is that something or are we past that point? >> we are probably past that point. i think what we will see as we saw the last time this happened a few months bark, the president is going to take the very strong and firm stand, we're not negotiating. and it worked the last time because all focus turned to the shutdown. john boehner doesn't want a confrontation over the debt limit. one thing that remerged from the budget compromise where boehner got up and you know attacked heritage action and some of these outside gruchls people were saying, oh, look, he is now standing firm. every time one of those things happens, the next time it's a compensatory move to give them what they want. it was paul ryan, the guy who negotiated this deal who turned around two days later and said we're trying to decide what we're going to demand in return for an increase in the debt ceiling. if you get the outside groups whipped up, the tea party wing saying this i
you ra iz the debt ceiling no, strings attached, that sort of thing. what is it going to take to reestablish that? is that something or are we past that point? >> we are probably past that point. i think what we will see as we saw the last time this happened a few months bark, the president is going to take the very strong and firm stand, we're not negotiating. and it worked the last time because all focus turned to the shutdown. john boehner doesn't want a confrontation over the debt...
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Dec 20, 2013
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it is sort of interesting to point out though when you look at the last two times the debt ceiling was increased, the president did allow for provisions that ultimately put in place the budget deal that he now has lauded and we're expecting will sign soon. the question though is with that budget deal having dispensed with that issue, maybe what kind of thing would he agree to. ? what he's made clear and he made very clear in october, he's not going to negotiate on obamacare. that is just something he will not touch. he will not entertain. so i think the question is, where might there be some common ground. i will tell you when you ta you can to white house officials about some of the language we heard paul ryan use, the word fight for instance, they just sort of kind of want to roll their eyes a little bit because the president and white house officials here feel that what was done in that case was done very much to the detriment of republicans. and they don't understand why they would want to do it again. you heard dana using the term "break the fever." i think the expectation here is
it is sort of interesting to point out though when you look at the last two times the debt ceiling was increased, the president did allow for provisions that ultimately put in place the budget deal that he now has lauded and we're expecting will sign soon. the question though is with that budget deal having dispensed with that issue, maybe what kind of thing would he agree to. ? what he's made clear and he made very clear in october, he's not going to negotiate on obamacare. that is just...
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Dec 20, 2013
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closing up 11 points. but what is really impressive is where we stand for the year the dow is up 23%. the nasdaq up 234% and i had five very bad years of covering market news so i really enjoy saying those numbers! let me show you another number that is really big. look at that number, berman. $4 trillion and change and i'm pointing it out. >> thanks for telling me because i couldn't tell you what that means. >> a mind boggling size. when we talk about how many bonds the fed has bought up several years this is bigger than the gdp. germany the world's third largest economy. that shows you the unbelievable efforts the fed has done to pop -- prop up the u.s. economy. >>> a few shopping tips what is known as super saturday. best deals tomorrow will be found on toys, video games and weirdly enough, space heaters and air purifies and humidifies. >> a great stocking stuffer. >> you won't feel a good deal on clothing but if you must, buy a gift card at an apparel store and let your loved one shop after christmas.
closing up 11 points. but what is really impressive is where we stand for the year the dow is up 23%. the nasdaq up 234% and i had five very bad years of covering market news so i really enjoy saying those numbers! let me show you another number that is really big. look at that number, berman. $4 trillion and change and i'm pointing it out. >> thanks for telling me because i couldn't tell you what that means. >> a mind boggling size. when we talk about how many bonds the fed has...
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Dec 19, 2013
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not sure that is -- >> debt ceiling thing is interesting. there was a point after the government shutdown. they placate the tea party members of the caucus. others were upset. and so consistently. republican leadership in both chambers of congress keep saying, the next fight. where we really get them. the next fight where we can really get obama care, repealed from the books. so there is always this promise. always this kicking of the can. i'm more interested in the fights that are to come. appropriations process is going to be fascinating. for the first time of in a long time. you are going to be spending more money. a lot of different agencies. a lot of government accounts that are dying for an infusion of cash. the government is not relieving full sequestration. it is fascinating to see of what the lobbying campaign is like. >> that is in the budget process, the second component of what they have do after what they have done. a basic outline now. you get into individual committees saying this is how much we will raise. >> they all have di
not sure that is -- >> debt ceiling thing is interesting. there was a point after the government shutdown. they placate the tea party members of the caucus. others were upset. and so consistently. republican leadership in both chambers of congress keep saying, the next fight. where we really get them. the next fight where we can really get obama care, repealed from the books. so there is always this promise. always this kicking of the can. i'm more interested in the fights that are to...
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Dec 18, 2013
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ceiling. and tip said, fine, just write a letter to each of the democratic members saying, thank you for that. asking them to do it so it won't be used against them in the next election. that's how you put up the truce flag. that's how you move forward. if you don't try to score points on every single issue. and reagan was grown-up enough, at least with the help of people like stockman and baker, to say, you know what, we're not going to win on this debt ceiling. let's not lose. a and. >> and you also write to the same point on tax reform, they wanted strong majorities in both caucuses. and tip had a condition. he wanted a majority of house republicans voting for the bill on tax reform. >> well, actually, at one point, ari, he said -- there was another way -- he said just give me 50. give me something. and what he did was get through -- look at this. this is a kind of a tax system we would like to have right now. we don't have anymore. top rate individual rate 28%. the only other rate was 15.
ceiling. and tip said, fine, just write a letter to each of the democratic members saying, thank you for that. asking them to do it so it won't be used against them in the next election. that's how you put up the truce flag. that's how you move forward. if you don't try to score points on every single issue. and reagan was grown-up enough, at least with the help of people like stockman and baker, to say, you know what, we're not going to win on this debt ceiling. let's not lose. a and. >>...
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Dec 17, 2013
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i agree with you about the debt ceiling. yes, they've sort of taken the budgetary shutdown thing off the table for a couple of years. as luke russert very correctly and wisely pointed out, the republicans have made tremendous progress in clamping down on the growth of the federal government. and on government spending, they have. they don't want to admit it to themselves but they have. the democrats have lost a lot of ground as symbolized by the fact they couldn't get the extension of unemployment insurance in here. they basically threw 1.3 million under the bus here to get this agreement. but i do think that the debt ceiling is going to be tempting. and i think it's going to tempt the tea party and the tea party is going to try another round of this stuff. and i don't know that john boehner will once again make the same kind of speech he made the other day. i don't think this signals a new john boehner, in other words, this was him expressing his frustration and saying that we screwed up on the debt -- on the shutdown. this
i agree with you about the debt ceiling. yes, they've sort of taken the budgetary shutdown thing off the table for a couple of years. as luke russert very correctly and wisely pointed out, the republicans have made tremendous progress in clamping down on the growth of the federal government. and on government spending, they have. they don't want to admit it to themselves but they have. the democrats have lost a lot of ground as symbolized by the fact they couldn't get the extension of...
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Dec 16, 2013
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because he's always talking about president obama raising the debt ceiling. but you're pointing out his own voting record while he's making these threats and predictions about they're going to have a retreat afterward and figure out what to do. >> al, let's not forget that when clinton left office in 2001, this country had a $236 billion surplus and the economists projected that surplus to grow. after bush and ryan and all of these guys voting for wars they didn't pay for, et cetera, that's what happened to drive us into the deficit. >> senator bernie sanders, thank you for your time tonight. >> my pleasure. >>> coming up, republicans throw around the "i" word like it's some kind of game. now it is. literally. >>> how can a teenager get away with killing four people in a trunk driving accident? big news tonight in the affluenza case that has everyone talking. >>> but first rush limbaugh gets some coal in his stocking for tonight's nice try, got ya. people don't have to think about where their electricity comes from. they flip the switch-- and the light comes
because he's always talking about president obama raising the debt ceiling. but you're pointing out his own voting record while he's making these threats and predictions about they're going to have a retreat afterward and figure out what to do. >> al, let's not forget that when clinton left office in 2001, this country had a $236 billion surplus and the economists projected that surplus to grow. after bush and ryan and all of these guys voting for wars they didn't pay for, et cetera,...
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Dec 16, 2013
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. >> we will talk about the debt ceiling in a moment, but i want to pick up on your point that barack obama won't do anything about entitlements. having read your book "the price of politics" in the book president obama said democrats have to get serious about entitlements. i think he used the word untennable. it seems as if congressional democrats decide they want to hold that man tell as the protector of entitlements going into 2014 jie. and i think this budget deal worked quite frankly. let's go to the center of this. obama was not part of the negotiations. he is not a good negotiator. i agree with phil. paul ryan comes off as somebody who no one, even bill, is not going to say ryan is a conservative. he is a conservative, but the philosophy that he employed here is very significant. sitting down with the democrats and saying what is our common ground? what can we agree on? it is indeed small, but it is a step forward and what it does is it strengthens ryan, but it also strengthens boehner in a very, very significant way. he got way over 300 votes for this and he said -- he castiga
. >> we will talk about the debt ceiling in a moment, but i want to pick up on your point that barack obama won't do anything about entitlements. having read your book "the price of politics" in the book president obama said democrats have to get serious about entitlements. i think he used the word untennable. it seems as if congressional democrats decide they want to hold that man tell as the protector of entitlements going into 2014 jie. and i think this budget deal worked...
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Dec 14, 2013
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it's going to be debt ceiling versus entitlement reform. the republicans say you don't give us entitlement reform and you're going to have a big massive to the brink issue of whether you pay your bills. >> mark -- those are important points. >> that's a good battle to fall. anyway, mark simone, with all due respect to mitch mcconnell, the republican leading the senate, he is going to vote against this budget deal. now, to me, this is a guy who last summer was absolutely insulting to ted cruz, senator lee, and all of the deep who lined up with the defunding which became the shutdown. he was insulting to the whole house of representatives for voting for defunding. now he is going to defund which could wreck the republican chances of making him the majority leader. with all due respect, how could he do this? the hypocrisy is staggering. >> it's brilliant maneuvering. he's a mark guy. you're right. he burned some bridges and he's going to agonize over this and look like he tried everything to stop this and then let it happen. it's like obama an
it's going to be debt ceiling versus entitlement reform. the republicans say you don't give us entitlement reform and you're going to have a big massive to the brink issue of whether you pay your bills. >> mark -- those are important points. >> that's a good battle to fall. anyway, mark simone, with all due respect to mitch mcconnell, the republican leading the senate, he is going to vote against this budget deal. now, to me, this is a guy who last summer was absolutely insulting to...
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Dec 12, 2013
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now you're going to head into a fight over raising the debt ceiling, and conservatives may say, you know what, we gave in on this one, but we're not going to give in on the next one. we are going to want to do tax reform, entitlement reform, we're not giving in on the debt ceiling. we're going to make that our huge fight. public opinion on the debt ceiling may be with them on that, with the republicans. so i would really be hesitant to say that all is going to be kumbaya for the next going into the new year. >> fair assessment. >>> mere in the newsroom, lost in translation. the south african interpreter slammed as he's a fake by experts. he's now firing back at his critics. i'm beth... and i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in business because we like being creative, we like
now you're going to head into a fight over raising the debt ceiling, and conservatives may say, you know what, we gave in on this one, but we're not going to give in on the next one. we are going to want to do tax reform, entitlement reform, we're not giving in on the debt ceiling. we're going to make that our huge fight. public opinion on the debt ceiling may be with them on that, with the republicans. so i would really be hesitant to say that all is going to be kumbaya for the next going into...
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Dec 12, 2013
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if they vote for this budget, they will have to raise the debt ceiling. it is going to be fascinating to see what happens. host: terry, republican caller. good morning. caller: i have a couple of things. everybody likes to put -- point fingers about the sequester being a bad thing. i think that was president obama's thing. more importantly, i was watching c-span and the shenanigans going on in the senate. will they put out the message -- the nomination, the way they're going about it, it is disturbing. you are stacking the deck in the district court. is that fair? to shut down a voice of the senate, the minority. that is mind boggling. host: the talkathon continues in the senate on c-span2. they have been talking all through the night about the judicial nominees. a vote is expected around 9:00 a.m. for the equal opportunity commissioners renomination over there. guest: the sequester was not an obama thing. .his was set up by congress we did it to ourselves. american people should or ought to know that we did not expect the sequester to take effect. we tho
if they vote for this budget, they will have to raise the debt ceiling. it is going to be fascinating to see what happens. host: terry, republican caller. good morning. caller: i have a couple of things. everybody likes to put -- point fingers about the sequester being a bad thing. i think that was president obama's thing. more importantly, i was watching c-span and the shenanigans going on in the senate. will they put out the message -- the nomination, the way they're going about it, it is...
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if they vote for this budget, they will have to raise the debt ceiling. it is going to be fascinating to see what happens. host: terry, republican caller. good morning. caller: i have a couple of things. everybody likes to put -- point fingers about the sequester being a bad thing. i think that was president obama's thing. more importantly, i was watching c-span and the shenanigans going on in the senate. will they put out the message -- the nomination, the way they're going about it, it is disturbing. you are stacking the deck in the district court. is that fair? to shut down a voice of the senate, the minority. that is mind boggling. host: the talkathon continues in the senate on c-span2. they have been talking all through the night about the judicial nominees. a vote is expected around 9:00 a.m. for the equal opportunity commissioners renomination over there. guest: the sequester was not an obama thing. .his was set up by congress we did it to ourselves. american people should or ought to know that we did not expect the sequester to take effect. we tho
if they vote for this budget, they will have to raise the debt ceiling. it is going to be fascinating to see what happens. host: terry, republican caller. good morning. caller: i have a couple of things. everybody likes to put -- point fingers about the sequester being a bad thing. i think that was president obama's thing. more importantly, i was watching c-span and the shenanigans going on in the senate. will they put out the message -- the nomination, the way they're going about it, it is...
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Dec 12, 2013
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you got the debt ceiling shutdown. what i think is interesting here, i am happy to see the right come out and say they like sequestration. there was the point where they were trying to pin the sequestration on obama. others who don't like the deal are finally saying the truth all along, which is yeah, we like the sequester, we want austerity. >> we need to rein in this spending, sequestration is the only tool that has worked to do that. it is not ideal. government spending has exploded under this administration, you know, the spending package in 2009, it is impossible to say they have austerity when you have government spending explode to the extent it has, even during the bush years. >> as a percentage of gdp, it is well within historical norms. and we have been running deficits in this country, you know that. we have been running deficits in this country, basically nine out of ten years for 50 years, we've done all right during those periods. so it seems to me that is not really the issue. >> this is the slowest econ
you got the debt ceiling shutdown. what i think is interesting here, i am happy to see the right come out and say they like sequestration. there was the point where they were trying to pin the sequestration on obama. others who don't like the deal are finally saying the truth all along, which is yeah, we like the sequester, we want austerity. >> we need to rein in this spending, sequestration is the only tool that has worked to do that. it is not ideal. government spending has exploded...
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Dec 11, 2013
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it was the final package, which really lifted the debt ceiling by close to $500 billion without any systemic changes that i had a problem with. but as the speakers pointed -- paul ryan pointed out, i believe the score on this will actually reduce the deficit. and that is a move in the right direction. >> yeah, and i was speaking to some democrats on the senate budget committee today, and they have said that. i think the numbers seem to bear that out from what we understand. it is new numbers. i think the piecemeal votes, people can debate that out. i do want to turn to the nsa surveillance. it's a controversial issue for a lot of people. but also increasingly nonpartisan. as you know, the "washington post" reports the agency now is using google's tracking technology to spy on many people, and there's a senate hearing that i want to play some sound from. take a listen. >> how do you connect the dots? and that's the issue with the meta data program. there is no other way that we know of to connect the dots. and so that gets us back to do we not do that at all? given that the threat is growing,
it was the final package, which really lifted the debt ceiling by close to $500 billion without any systemic changes that i had a problem with. but as the speakers pointed -- paul ryan pointed out, i believe the score on this will actually reduce the deficit. and that is a move in the right direction. >> yeah, and i was speaking to some democrats on the senate budget committee today, and they have said that. i think the numbers seem to bear that out from what we understand. it is new...
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it gets us through a year where we don't have to worry about debt ceilings and sequester, and it begins to create the kind of leveling effect that paul ryan was talking about. yes, we want to balance the budget and reduce the deficit. $23 billion reduction in the deficit is a start. >> but this is the way divided government is supposed to work. for the last three years, john boehner's not been able to pull this off. and this is like the gop civil war part three. this time it's personal. i mean, after being whipped around by the tea party tail on the boehner dog, he's finally said, okay, enough already. but he could have called a cease to this any time in the previous two years. >> but the house wasn't -- >> but now the question is whether he can actually finally show some spine and pull it off. >> oh, goodness. >> let me say something. >> go ahead, kathleen. >> john boehner, he needed to let these people learn their own lesson. he was otherwise facing a civil war within his own caucus. so this way he got to say, see what happens when you don't pay attention? >> $25 billion costs the pub
it gets us through a year where we don't have to worry about debt ceilings and sequester, and it begins to create the kind of leveling effect that paul ryan was talking about. yes, we want to balance the budget and reduce the deficit. $23 billion reduction in the deficit is a start. >> but this is the way divided government is supposed to work. for the last three years, john boehner's not been able to pull this off. and this is like the gop civil war part three. this time it's personal. i...
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the question is, republicans are still going to have to vote to raise the debt ceiling, which is something they hate to do. they're going to have to figure out a way to get -- my point on that is if treasury can push it out to may or june with extraordinary measures, you get passed a lot of hard core republican primaries, so members who are worried about getting challenged have less to worry about if it's later in the year. which treasury can probably push through, particularly with a better economy, more revenue coming in. >> debt ceiling will get raised as smoothly as a washington redskins long snap to the punter. >> which is not smooth at all, right? >> if you remember, the redskins dribbled one on the ground. >> i do remember. >> no, i think ben is right. again, if you decide that you're not going to have brinksmanship on shutdown, which is what this budget represents, you're kind of saying i'm past the debt ceiling fight. i think primaries are an issue, but i think we're going to get by that. >> i think we probably will, too. the republicans want a fight of obama care. they see the pr
the question is, republicans are still going to have to vote to raise the debt ceiling, which is something they hate to do. they're going to have to figure out a way to get -- my point on that is if treasury can push it out to may or june with extraordinary measures, you get passed a lot of hard core republican primaries, so members who are worried about getting challenged have less to worry about if it's later in the year. which treasury can probably push through, particularly with a better...
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Dec 10, 2013
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the nation's debt ceiling which has to be raised in the next couple months as well. >> the dead lean for that is february. that's going to be a whole different fight. and it is an important fight and it is one that republicans have continued since they were elected the majority of the house to make it a fight, because they want to use it to cut spending, but unclear if they're really going to do that, given the fact that the president really held the line, and the reason he did it was to break the fever of the last time around. so it's really uncertain how big of a challenge that is going to be. >> gloria, step back a minute. talk about paul ryan, the vice president nominee in 2012, certainly a potential presidential candidate if he wants to run in 2016. where does this put him? >> he's straddling that line, wolf. i remember the night of the budget shutdown, remember that? where paul ryan actually voted for the shutdown, and we were all surprised about that. but he's somebody who also voted on the fiscal cliff to not go over the cliff. he got a lot of conservative push back on that.
the nation's debt ceiling which has to be raised in the next couple months as well. >> the dead lean for that is february. that's going to be a whole different fight. and it is an important fight and it is one that republicans have continued since they were elected the majority of the house to make it a fight, because they want to use it to cut spending, but unclear if they're really going to do that, given the fact that the president really held the line, and the reason he did it was to...
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Dec 9, 2013
12/13
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caller: one thing this he'll will not do is raise the debt ceiling. at some point next year they are going to have to do that. it is a little difficult to forecast exactly one that is going to be. in part because the economy is it is a little bit more strong. as a result that extends the time in which the treasury department can do things -- at some point congress is going to have to do that. i suppose the earliest it could possibly be is february. it is much more likely that it is sometime in spring or the beginning of the summer. then you are going to get the debate over -- we should look at tax hikes, changes in entitlement. it is hard to see how they are going to get any agreement on those areas. particularly in election year. host: the house is expected to adjourn for the year on friday and the senate shortly after. a lot of high-profile legislation still hanging in the balance. it is the list of what is likely to make it through the 113th congress. caller: i think the only thing that is likely to get through is the defense authorization act. we
caller: one thing this he'll will not do is raise the debt ceiling. at some point next year they are going to have to do that. it is a little difficult to forecast exactly one that is going to be. in part because the economy is it is a little bit more strong. as a result that extends the time in which the treasury department can do things -- at some point congress is going to have to do that. i suppose the earliest it could possibly be is february. it is much more likely that it is sometime in...
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Dec 3, 2013
12/13
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ceiling debate potentially comes back in focus. at this point, that worry doesn't seem to be there in the market. >> seema, it's interesting because it sounds like if anything, the ipo market continues to be pretty hot. we'll see if the market action over the last couple of days, bill, cools things off. >> you think it would start to slow down anyway they wait for next year. no question high-profile companies getting ready to go public here. >> hilton is expected to raise $2.2 to $2.4 billion. >> the second biggest ipo this year. >> we'd ask dave about that but we'd have to go to the mall to ask him. >>> heading toward the close. art cashin signaling to me that really not a lot of selling pressure as we head toward the close. we'll see whether we get the selling pressure as we've had the last few days here. >> the city of detroit officially became largest municipality in u.s. history. today it enters bankruptcy as a judge cleared the way today. the case isn't just about detroit. coming up, we'll take a look at the impact of this de
ceiling debate potentially comes back in focus. at this point, that worry doesn't seem to be there in the market. >> seema, it's interesting because it sounds like if anything, the ipo market continues to be pretty hot. we'll see if the market action over the last couple of days, bill, cools things off. >> you think it would start to slow down anyway they wait for next year. no question high-profile companies getting ready to go public here. >> hilton is expected to raise $2.2...
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Nov 28, 2013
11/13
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we'll bump up against the debt ceiling without a fiscal plan. it's almost you have to lock them in the room. nothing gets down. the american people at some point. there needs to be an uprising. >> the ballot box is there.. >> what you have is inherent re-election because of the perks of the office. you are raising money in a daily basis. $10,000 a day. that's what they raise, the average person cannot compete with that. >> that's another issue, thank you for coming in. >> happy thanksgiving. >> you too. >> an outbreak of violence in the central african republic. it's called the forgotten crisis. the secretary-general says the area is descending into chaos. officials fear fighting between the ruling muslim minority and christian majority could become a genocide. numbers killed are not known. rural areas are too dangerous to enter. a million fled their homes. france pledged to send troops. >> 14 egyptian women are headed to prison for supporting the president. they were given 11-year sentences. among them seven minors, who will go to a prison for
we'll bump up against the debt ceiling without a fiscal plan. it's almost you have to lock them in the room. nothing gets down. the american people at some point. there needs to be an uprising. >> the ballot box is there.. >> what you have is inherent re-election because of the perks of the office. you are raising money in a daily basis. $10,000 a day. that's what they raise, the average person cannot compete with that. >> that's another issue, thank you for coming in....
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Nov 24, 2013
11/13
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his approval ratings were down around 40% after the republican debt ceiling fight. he was seen as weak by democrats, by republicans. two-thirds of the country thought the country was on the wrong track. he looked vulnerable, and in his state of desperation, he and his team did something they thought they would never have to do which is they started courting bill clinton, they start thed a courtship. and that began, as they often do, on the golf course. they went to play golf at andrews air force base. now, president obama has a very obama attitude towards golf. i'm president of the united states, i want to get up and down, play the game, get back to work. two and a half hours at the most, maybe three if i'm really not playing well, but that's it. president clinton has a different attitude towards golf, he's a retiree, so he's got a more lose yourly pace, and he famously taked a lot of mulligans and thinks the golf course is a place to expound and preach and joke and tell knock knock jokes, all kinds of things. and this golf round did not go particularly well, and th
his approval ratings were down around 40% after the republican debt ceiling fight. he was seen as weak by democrats, by republicans. two-thirds of the country thought the country was on the wrong track. he looked vulnerable, and in his state of desperation, he and his team did something they thought they would never have to do which is they started courting bill clinton, they start thed a courtship. and that began, as they often do, on the golf course. they went to play golf at andrews air...
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Nov 14, 2013
11/13
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ceiling. the president is kind of starting behind in that negotiation. to susan's point, i think what this ensures is that the affordable care act is going to have a pretty messy first year. they might not get as many young people into the pool as they would like to have gotten in, which means they might not have the depressing effect on insurance rates as they would like to have. it might be kind of problematic year as they try to get into that. whether it puts it at risk i'm not sure but it's messy. >> i want to ask about the controversy over richard cohen's commence in a column where he said, and it was probably not well written, that's their defense but people with conventional views must depress a gag reflex when considering a mayor elect of new york, a white man, married to a black woman with two biracial children. it's been widely reviewed and commented on, but certainly an uncomfortable moment for "the washington post" writers group. >> look, those are not conventional views, first of
ceiling. the president is kind of starting behind in that negotiation. to susan's point, i think what this ensures is that the affordable care act is going to have a pretty messy first year. they might not get as many young people into the pool as they would like to have gotten in, which means they might not have the depressing effect on insurance rates as they would like to have. it might be kind of problematic year as they try to get into that. whether it puts it at risk i'm not sure but it's...
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Nov 13, 2013
11/13
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i think what was proven by the last debt ceiling thing is if you give these guys an opportunity to vote no and they get to tout that back home, then everything is fine. you can do whatever you want. >> congresswoman, from your vantage point, there's talks that these next sequester cuts, because they're primarily defense cuts, it gives democrats a little more leverage in these negotiations. a lot of folks look at the modern republican party as is sort of its rated by the likes of rand paul. cutting the defense budget has not proved to be as painful this go around as it has been in earlier go arounds or the suggestion has not carried with it as much weight. i wonder from your vantage point as a democrat in the house how effective a bargaining tool the defense cuts are. >> first of all, we have to take a look at these defense cuts. the first round that we took in sequestration we were able to pull moneys that were in other places and sort of move forward, but these next cuts will be cutting way deep, especially into the ability for our troops to be ready to be sent off if we should need th
i think what was proven by the last debt ceiling thing is if you give these guys an opportunity to vote no and they get to tout that back home, then everything is fine. you can do whatever you want. >> congresswoman, from your vantage point, there's talks that these next sequester cuts, because they're primarily defense cuts, it gives democrats a little more leverage in these negotiations. a lot of folks look at the modern republican party as is sort of its rated by the likes of rand...
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>> taxes, spending, the debt ceiling. the shutdown. think there's just a general concern once you get momentum it gets shut down again. so i think that if, from the ceos and cfos i deal with almost every day, deloitte works with 70% of the fortune 500 it is always brought up. and second thing that is brought up regulation in industries. connell: it will be a big question, a doll foe, a lot -- adolfo, a what people talk about, there is lot of uncertainty out there and i will hold back on hiring. the other camp will say, boy, maybe we're starting to see momentum, over 200,000 jobs are added, and that will affect how the fed thinks about things and tapering we talk about all the time. what is next do you think. >> if i could go back, there is a good news maybe going forward talking about uncertainty here. that when business will look at this report and relies that maybe the government shutdown was not so damaging, as we were afraid of, they will get some confidence that the at least about those issues we can go back and hiring because the
>> taxes, spending, the debt ceiling. the shutdown. think there's just a general concern once you get momentum it gets shut down again. so i think that if, from the ceos and cfos i deal with almost every day, deloitte works with 70% of the fortune 500 it is always brought up. and second thing that is brought up regulation in industries. connell: it will be a big question, a doll foe, a lot -- adolfo, a what people talk about, there is lot of uncertainty out there and i will hold back on...
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Oct 29, 2013
10/13
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CNBC
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, we were dealing with it with the debt ceiling debate, if you're not going to be able to pay social security checks, you got a big problem. one would expect if puerto rico got to that, it would be the same problem, wouldn't it? >> this goes to the ability to pay. one of the things i take comfort in is the massive improvement that's taken from the fundamental standpoint over the last several years. they've run a structural budget deficit for years. that budget deficit peaked four years ago. so it's actually improving. the budget deficit expected for this fiscal year is down to $800 billion, which is really just slightly more than 1% of their gnp. the bottom line is they have to fix their budget deficit. the market has given them a wake-up call, and they are doing those this eveninngs necessary. >> but in order to do that, they would have to generate economic growth. they've been in a rescission since 2006, to carl bass' point, there is a population decline. you can site statistics, paying a lot for electricity use, crime rate going up, population declines. what makes you think they'l
, we were dealing with it with the debt ceiling debate, if you're not going to be able to pay social security checks, you got a big problem. one would expect if puerto rico got to that, it would be the same problem, wouldn't it? >> this goes to the ability to pay. one of the things i take comfort in is the massive improvement that's taken from the fundamental standpoint over the last several years. they've run a structural budget deficit for years. that budget deficit peaked four years...
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Oct 29, 2013
10/13
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ceiling because that will, quote, stabilize the economy, that undermines our ability. now, i hope that at some point we with will get over this. that definitely makes it more difficult. but, again, it's too important a problem to walk away from. >> good. all the way over here. >> congressman, bear mcconnell, mostly retired. what about domestic use of drones? dod's quite constrained, cbp not so much. what are your thoughts? >> yeah. it's a difficult issue, i will sidestep it slightly by saying that's not my, that's not the topic this morning. [laughter] i'm more focused on the aumf. it's a huge problem, and, you know, we've had that issue. it's not just drone, it's cameras. cameras are proliferating. we have a major controversy in the city of seattle right now that they wanted to put cameras up in the port of seattle. .. >> let's see. how about right in the back. >> thank you. i am a u.s. army colonel retired, and used to teach counterinsurgency working for the interstate traveler helping in michigan now. anyway, i have to say i think it's the most brilliant, lucid, obj
ceiling because that will, quote, stabilize the economy, that undermines our ability. now, i hope that at some point we with will get over this. that definitely makes it more difficult. but, again, it's too important a problem to walk away from. >> good. all the way over here. >> congressman, bear mcconnell, mostly retired. what about domestic use of drones? dod's quite constrained, cbp not so much. what are your thoughts? >> yeah. it's a difficult issue, i will sidestep it...
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Oct 27, 2013
10/13
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there's a point in my book are referred to after the debt ceiling fiasco of the summer of 2011 when they come back in another continuing resolution used to fund the government of the above evisceration had passed a budget with coming up. the republican leadership believed they'd get an easier vote. the appropriations committee was designed the spending bills with serious and they insisted on a medium with the leadership and they said you need to punish these numbers. we are doing everything you want us to do. we are cutting spending to record lows and discussable port for her. boehner said we can't do that anymore. we simply cannot. >> said the leadership leadership doesn't feel it there in any position to lead on matters of debt ceiling or anything else. >> it's interesting this whole book has been devoted to the debt ceiling and specifically magazine stories to the so-called grand bargain between boehner and obama fell apart. or my standpoint, all of that has been set with alternate back to the authors of those stories and books because the bottom line is speaker boehner never had to g
there's a point in my book are referred to after the debt ceiling fiasco of the summer of 2011 when they come back in another continuing resolution used to fund the government of the above evisceration had passed a budget with coming up. the republican leadership believed they'd get an easier vote. the appropriations committee was designed the spending bills with serious and they insisted on a medium with the leadership and they said you need to punish these numbers. we are doing everything you...
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Oct 27, 2013
10/13
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there is a point that i refer to after the debt ceiling fiasco when they came back without a continuing resolution of the obamacare administration. the republican the ship believed they've been getting an easy vote put their own members for to the can step for the appropriations committee that designs these continuing resolutions was furious purveyances did on reading with the leadership than they said we're the ones being punished we're cutting spending to record lows pre-will not go for rusbridge you need to tell them to follow mine in he said we cannot do that anymore. >> so the leadership doesn't feel that they are in a position to lead on the debt ceiling or anything else? >> the whole book devoted to the debt ceiling is specifically long magazine stories that fell apart but that is all wind and sale with all due respect to those officers because the bottom line is that speaker peter never have those votes in the way. whatever deal he would have struck with the id registration would have failed to not get sufficient votes to renew -- to win the rest of the insurrection so with the
there is a point that i refer to after the debt ceiling fiasco when they came back without a continuing resolution of the obamacare administration. the republican the ship believed they've been getting an easy vote put their own members for to the can step for the appropriations committee that designs these continuing resolutions was furious purveyances did on reading with the leadership than they said we're the ones being punished we're cutting spending to record lows pre-will not go for...
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Oct 27, 2013
10/13
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ceiling, that undermines our ability. i hope that at some point we will get over this. that makes it more difficult. it is too important a problem to walk away from. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute]
ceiling, that undermines our ability. i hope that at some point we will get over this. that makes it more difficult. it is too important a problem to walk away from. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute]
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Oct 27, 2013
10/13
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ceiling, that undermines our ability. i hope that at some point we will get over this. that makes it more difficult. it is too important a problem to walk away from. >> over here. >> congressman, retired. what about the use of drones? dod is constrained. cbp, not so much. your thoughts? >> that is not the topic this morning. i am more focused on the aumf. we have had that issue, it is not just drones, cameras have proliferated. there is a controversy in seattle, they wanted to put up campbell's -- they wanted to put up cameras in the port of seattle. they have been counties and cities that want drones, people are concerned. i can give a lengthy answer about policy applications of that, i will say it is a big challenge. a lot of times you do not have that information. you think about the people we have captured -- the bombing and b -- the bombing in boston, there were a lot of cameras around. it is security versus liberty, that is getting increasingly confiscated due to technology. >> how about right in the back. >> thank
ceiling, that undermines our ability. i hope that at some point we will get over this. that makes it more difficult. it is too important a problem to walk away from. >> over here. >> congressman, retired. what about the use of drones? dod is constrained. cbp, not so much. your thoughts? >> that is not the topic this morning. i am more focused on the aumf. we have had that issue, it is not just drones, cameras have proliferated. there is a controversy in seattle, they wanted to...
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Oct 26, 2013
10/13
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after the debt ceiling fiasco of the summer of 2011 when they came back and another continuing resolution used to fund the government, the obama administration hadn't passed the budget was coming up, the republicans, the republican leadership believed there un members voted against it and the appropriations committee which designs continuing resolution and all other spending bills was serious and they insisted on a meeting with the leadership and said you punish these members, we are the ones being punished. we are cutting spending to record lows and these guys won't vote for it. they need to fall in line and john maynard said we cannot do that anymore. >> the leadership doesn't feel there are any positions to lead on matters of the debt ceiling or anything else? >> this whole book has been devoted to the debt ceiling and specifically magazine stores and the so-called grand bargain between john boehner and obama that fell apart. that is wind and sales with all due respect to the authors of those stories and books because the bottom line is john boehner never has the votes anyway. whatever
after the debt ceiling fiasco of the summer of 2011 when they came back and another continuing resolution used to fund the government, the obama administration hadn't passed the budget was coming up, the republicans, the republican leadership believed there un members voted against it and the appropriations committee which designs continuing resolution and all other spending bills was serious and they insisted on a meeting with the leadership and said you punish these members, we are the ones...
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Oct 25, 2013
10/13
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now, i hope that at some point we will get over this. that makes it more difficult but it's a an important problem to not walk away from. >> over here. >> congressman mcconnell, mostly retired. what about the domestic use of drones clacks what are your thoughts? >> that is a difficult issue. i will sidestep slightly by saying that is not the topic this morning. i'm more focused abroad. we have had the issue and it's not just drones it is cameras on the major controversy in seattle right now that they wanted to put cameras up in the port of seattle for. there's been counties and cities and people are concerned about it. the policy implications and all that is a big challenge. you think that the people that we've captured and the bombing in boston, the fact there were so many cameras around that enabled us to fairly quickly get their. its security verses liberty. people have been the dating that for a long time and it is getting increasingly complicated due to technology. >> right in the back. yes. >> i'm a u.s. army colonel who retired wo
now, i hope that at some point we will get over this. that makes it more difficult but it's a an important problem to not walk away from. >> over here. >> congressman mcconnell, mostly retired. what about the domestic use of drones clacks what are your thoughts? >> that is a difficult issue. i will sidestep slightly by saying that is not the topic this morning. i'm more focused abroad. we have had the issue and it's not just drones it is cameras on the major controversy in...
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Oct 25, 2013
10/13
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ceiling, that undermines our ability. i hope that at some point we will get over this. that makes it more difficult. it is too important a problem to walk away from. >> over here. congressman, retired. what about the use of drones? isconstrained -- dod constrained. >> that is not the topic this morning. i am more focused on the aumf. ishave had that issue, it not just drones, cameras have proliferated. there is a controversy in seattle, they wanted to put up putbell's -- they wanted to up cameras in the port of seattle. they have been counties and cities that want drones, people are concerned. i can give a lengthy answer about policy applications of that, i will say it is a big challenge. a lot of times you do not have that information. you think about the people we have captured -- the bombing and boston,e bombing in there were a lot of cameras around. security versus liberty, that is getting increasingly confiscated due to technology. >> how about right in the back. >> thank you. andre, u.s. army retired. i used to teac
ceiling, that undermines our ability. i hope that at some point we will get over this. that makes it more difficult. it is too important a problem to walk away from. >> over here. congressman, retired. what about the use of drones? isconstrained -- dod constrained. >> that is not the topic this morning. i am more focused on the aumf. ishave had that issue, it not just drones, cameras have proliferated. there is a controversy in seattle, they wanted to put up putbell's -- they wanted...
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Oct 25, 2013
10/13
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ceiling to stabilize the economy, that undermines our ability so now i hope we will get over this that definitely makes it more difficult but it is too important to walk away from. >> what about domestic use of drones? what are your thoughts? >> did is a difficult issue by saying that is not the topic. [laughter] i a more focused but it is a huge problem. we have had that issue of tv cameras proliferating major controversy they want to put cameras up in the port of seattle and there is backlash counties and cities that wanted to get drones but i could give a lengthy answer about the policy implications but i will say it is a big challenge. talk about who we have captured in the bombing in boston to enable us to fairly quickly security verses' liberty people have been debating that for a long time and it is getting increasingly complicated due to technology. >> u.s. army colonel retired i used to cheese counter insurgency but i have to say this is the most brilliant, lew said description i have heard how we use drones did what we use them in dealing with the terrorist threat from whatev
ceiling to stabilize the economy, that undermines our ability so now i hope we will get over this that definitely makes it more difficult but it is too important to walk away from. >> what about domestic use of drones? what are your thoughts? >> did is a difficult issue by saying that is not the topic. [laughter] i a more focused but it is a huge problem. we have had that issue of tv cameras proliferating major controversy they want to put cameras up in the port of seattle and there...
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Oct 24, 2013
10/13
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ALJAZAM
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ceiling is lifted. and the entire world is wondering what we're going to do, and now this. did congress do themselves any favors? have we lost kimberly? i think we have. we lost kimberly. i want to listen into the hearing a little bit more as they continue to address the issue of the affordable healthcare act and any glitches that there may have been. let's listen in. >> can you break it down to say, how many people from nebraska, since we don't have a state exchange like california does, and have to go to the national, can you determine how many people from nebraska have tried to access in >> i don't know. >> do you know how many people have tried to access on any particular day? do you have that data? >> i don't know. >> does your company have that data. >> yes, we do. >> will you try to share that with us? >> i will followup on it right away. >> are you able to give us that data? >> i will followup. >> has cm -- >> we're going to take a break from the hearings on the affordable healthcare act because
ceiling is lifted. and the entire world is wondering what we're going to do, and now this. did congress do themselves any favors? have we lost kimberly? i think we have. we lost kimberly. i want to listen into the hearing a little bit more as they continue to address the issue of the affordable healthcare act and any glitches that there may have been. let's listen in. >> can you break it down to say, how many people from nebraska, since we don't have a state exchange like california does,...
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Oct 22, 2013
10/13
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MSNBC
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ceiling fiasco and now we have a real problem on the obama care rollout. those two are both true things. although you point to the states where there has been pickup on the websites, there are still serious problems if you look at the three big states. california seems to be a relative success story. what we really need is high-volume of young latinos to pick up in texas and in florida. in those states we're not seeing it. if they don't, then it's more than just a website problem, it's actually a problem -- >> because the economics don't work. if you don't have -- >> 7 million people need to sign up. >> it would be very interesting to see demographically how many numbers we're getting in california which took on its own exchange program compared to texas and florida. >> you're faced once again with government working well in blue states and working badly in red states. it's a broken terrible thing, once again gains currency and traction. >> a good point. looking at this from a political lens, just like the republican fiasco with the shutdown of the debt li
ceiling fiasco and now we have a real problem on the obama care rollout. those two are both true things. although you point to the states where there has been pickup on the websites, there are still serious problems if you look at the three big states. california seems to be a relative success story. what we really need is high-volume of young latinos to pick up in texas and in florida. in those states we're not seeing it. if they don't, then it's more than just a website problem, it's actually...
WHUT (Howard University Television)
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Oct 22, 2013
10/13
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>> yeah, because of the debt ceiling. that they may have another point of leverage. it is very hard to, you know, they see this election as an advantage for them. and god knows why they think that. >> with 73% of the americans in the poll wanting to throw out everybody in the congress, i think it is under 10% that they won't have a deal. they don't want to risk the wrath on both sides of the aisle of the american public and they are just at that point. >> i agree with you. i think that it will be low. >> that's the thing. >> now, issue two, no winners. >> now, there's been a lot of discussions lately of the politics of this shutdown. but let's be clear, there are no winners here. i will look for willing partners wherever i can to get important work done. and there is no good reason why we can't govern responsibly. despite our differences. without lurching from manufactured crisis to manufactured crisis. >> after weeks of democratic denunciations of the republicans as hostage taking, ransom demanding, and extremists who want to, "blow up the whole economy." president
>> yeah, because of the debt ceiling. that they may have another point of leverage. it is very hard to, you know, they see this election as an advantage for them. and god knows why they think that. >> with 73% of the americans in the poll wanting to throw out everybody in the congress, i think it is under 10% that they won't have a deal. they don't want to risk the wrath on both sides of the aisle of the american public and they are just at that point. >> i agree with you. i...
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Oct 21, 2013
10/13
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ceiling crisis. host: we should point out that there were a series of contributors to this, but the president has taken more trips to self korea then to south carolina, "having visited the citizens of denmark twice, gone to kentucky wants your co-is that important? guest: we wrote about john boehner and obama in this story to give you this balance, really trying to show that the problem goes all around for why things have this underlying broken nature. people probably remember that obama in 2004 at the democratic convention in boston said that there was one america and he has not really been able to fulfill that as far as bringing the country together. that story, talking about his inability to do that. we are clearly more divided today than he hoped we would be when he took office. host: what was your one take away from "broken city"? guest: that things are worse than we thought in a new creative ways. that things got really bad. things are worse than we thought heading into this. host: there is a q
ceiling crisis. host: we should point out that there were a series of contributors to this, but the president has taken more trips to self korea then to south carolina, "having visited the citizens of denmark twice, gone to kentucky wants your co-is that important? guest: we wrote about john boehner and obama in this story to give you this balance, really trying to show that the problem goes all around for why things have this underlying broken nature. people probably remember that obama...